Monday, September 15, 2008

A New Andrew Mellon...the solution to the financial crisis

"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate … It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up the wrecks from less competent people …"

Sigh -- they will try to fix it...and then make it worse. Ugh.

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